Outsourced Chief Risk Officer
The Challenge
Building a sophisticated risk management system internally is costly, with significant upfront investments in technology and human capital. Using 3rd party software vendors introduces inflexibility and require qualified staff to run the software, interpret the data and identify risk factors. What should you do with your portfolio exposure report? Even for investors with such systems in place, the challenge is in deciding the how, what and when to take action to manage the risks, either explicit or implicit.
Our Solution
Our Outsourced Chief Risk Officer service (OCRO) serves as an extension of your risk staff, providing a suite of risk management functions from implementing a risk management framework, developing a system, risk reporting, and identification of key risk factors. We then proactively monitor these risk factors in conjunction with market conditions and recommend just-in-time risk mitigation and hedging strategies.